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AP Top Business News at 7:18 a.m. EDT

Shares in miner tumble after Brazil sues over dam disaster
LONDON (AP) -- Shares in miner BHP Billiton Ltd tumbled after Brazil's Federal Public Prosecution said it had launched a $43 billion civil suit for a dam break that killed 19 people and caused the worst environmental disaster in the country's history....

Meet the next sport of the modern age: Drone racing
HAWTHORNE, Calif. (AP) -- Decked out in high-tech goggles, pilot Steve Zoumas dives low and sees the final gate zooming toward him: a 20-foot-tall metal-framed box ringed with neon. Boom! His sight goes black. The crowd lets out a collective "Whoa!" as pieces of his aircraft, which has just smashed into a concrete barrier, go flying....

Royal Dutch Shell first quarter earnings down 58 percent
LONDON (AP) -- Oil company Royal Dutch Shell said first-quarter earnings plunged 58 percent as depressed crude prices create "hugely challenging times" for the energy industry....

Australia rules out sale of cattle empire to foreigners
CANBERRA, Australia (AP) -- Australia's current government will never sell its largest cattle empire to foreigners, the treasurer said on Wednesday after blocking a takeover by a Chinese-led consortium....

Eurozone growth in 'low gear' at start of second quarter
LONDON (AP) -- As winter turned to spring, the eurozone economy appears to have lost some - but by no means all - of the momentum that saw it grow faster than the U.S. in the first quarter of the year....

Global stocks lower on growth concern
BEIJING (AP) -- Global stock markets were mostly lower Wednesday after weaker Chinese manufacturing and a cut in Europe's growth outlook fueled fears about the global economy....

Abu Dhabi's Etihad: 31 injured by severe turbulence in Asia
DUBAI, United Arab Emirates (AP) -- The United Arab Emirates' national airline says several passengers were injured when one of its flights encountered sudden turbulence as it prepared to land in the Indonesian capital, Jakarta....

Brazil turmoil costs AB Inbev in quarterly results
BRUSSELS (AP) -- The world's biggest brewer, AB Inbev, says economic and political turmoil in Brazil hit its quarterly earnings, with sales volumes declining by 10 percent in the huge Latin American nation....

Low oil prices, freight rates hit Maersk group's profits
COPENHAGEN, Denmark (AP) -- Low oil prices and freight rates weighed on profits at Danish shipping and energy group A.P. Moller-Maersk, though not as sharply as analysts had feared....

Spain: Strike keeps El Mundo newspaper off streets
MADRID (AP) -- Spain's second-largest newspaper, El Mundo, has not appeared in news kiosks owing to a strike over planned layoffs. It is the first time the newspaper's publication has been hit by a stoppage since its foundation in 1989....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Royal Dutch Shell first quarter earnings down 58 percent

Brazil turmoil costs AB Inbev in quarterly results

Spain: Strike keeps El Mundo newspaper off streets

AP sources: Takata recall could more than double in size

Lew says currency design plan winning rave reviews

Auto sales hit April record on trucks and SUVs

Business Highlights

Target faces backlash on stance on transgender bathrooms

Pitney Bowes and Marathon Oil fall; Pfizer and CVS climb

How the Dow Jones industrial average fared on Tuesday